Maintenance Fees
Vita on the Lake vs The Mimico Area
$3,3002 bds2 ba1 pk800 sqft
For RentVita on the Lake
4.5
25 Days on Strata
$3,300/mth
Price Cut: $3,450
Price Cut: $3,450
2 Beds + 1
2 Bath
1 Parking
800 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Possession Date:
April 1, 2025
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
South West
Locker:
Owned
Laundry:
Main
Amenities
Bike Storage
Indoor Pool
Outdoor Pool
Rooftop Deck
Guest Suites
Gym Room
Car Wash
Indoor Parking
Party Room
Concierge
About this Listing
Elevate your lifestyle with this stunning 2-bedroom + den, 2-bathroom suite in one of Toronto's most sought - after waterfront residences. Offering 800+ sq. ft. of sophisticated living space plus an expensive 340 sq. ft. balcony, this unit is designed to impress with breathtaking panoramic views of Lake Ontario and the city skyline. Step inside to discover wide plank laminate flooring, soaring 9-ft smooth ceilings, and floor-to-ceiling windows, bathing the space in natural light. The sleek, modern kitchen boasts quartz countertops and premium built - in appliances, making it a dream for home chefs and entertainers alike. Unwind in the spacious primary suite, complete with a spa-inspired ensuite and ample storage. Exceptional Building Amenities: *Indoor pool & sundeck *State-of-the-art gym & private yoga studio *Elegant party room with bar & dining area *Outdoor BBQ area, guest suites & boardroom * 24/7 concierge & secure underground parking. Ideally situated in Humber Bay shores, you're just minutes from downtown Toronto, transit, waterfront parks, scenic trails, shops and top rated restaurants.
royal lepage terrequity realtyMLS® #W12015684
Fees & Utilities
Utilities Included
Rent Includes
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Laminate, Combined with Dining, Walkout To Balcony
21.98 x 11.16ft
Dining
Laminate, Combined with Living, Walkout To Balcony
21.98 x 11.16ft
Kitchen
Laminate, Open Concept, Quartz Counter
9.19 x 10.86ft
Primary
Laminate, 4 Piece Ensuite, Window
12.8 x 10.86ft
2nd Bedroom
Laminate, Closet, Window
10.17 x 9.02ft
Den
Laminate
9.02 x 7.22ft
Renter's Market
Balanced
Landlord's Market
Similar Listings
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3/10
Walkability
A sight of a grocery store is as rare as a unicorn sighting.
6/10
Transit
You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
7/10
Bikeability
Your bike's the trusty steed in this urban jungle — giddy up!
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
23,316
Average Individual Income
$64,286
Average Household Size
3 persons
Average Age
45
Average Household Income
$109,977
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
36%
Semi Detached
26%
High Rise Apartment
20%
Low Rise Apartment
11%
Duplex
5%
Marital Status
Commute
Languages (Primary Language)
English
58%
Mandarin
14%
Other
13%
Cantonese
10%
Tagalog
2%
Spanish
1%
Korean
1%
Tamil
1%
Education
University and Above
33%
High School
27%
None
16%
College
15%
Apprenticeship
3%
University Below Batchelor
3%
Major Field of Study
Business Management
25%
Architecture & Engineering
20%
Health & Related Fields
12%
Social Sciences
10%
Math & Computer Sciences
7%
Education
5%
Humanities
4%
Physical Sciences
4%
Personal, Protective & Transportation Services
3%
Visual & Performing Arts
3%
Building Trends At Vita on the Lake
Days on Strata
Units at Vita on the Lake spend an average of
37
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
1%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Mimico
Turnover of Units
On average, each unit is owned for
4.8
YEARS before being sold againProperty Value
0%
Increase in property value within the past twelve months
Price Ranking
5th
Highest price per SQFT out of 62 condos in the Mimico area
Sold Units
19
Units were Sold over the past twelve months
Rented Units
87
Units were Rented over the past twelve months
Best Value Rank
Vita on the Lake offers the best value out of 62 condos in the Mimico neighbourhood
?
Appreciation Rank
Vita on the Lake has the highest ROI out of 62 condos in the Mimico neighbourhood
?
Rental Yield
Vita on the Lake yields the highest rent prices out of 62 condos in the Mimico neighbourhood
?
High Demand
Vita on the Lake is the most popular building out of 62 condos in the Mimico neighbourhood
?
Market Insights
Transaction Insights at Vita on the Lake
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|---|
| Price Range | No Data | $505,000 - $573,000 | $590,000 - $710,000 | $877,000 - $1,430,000 | $875,000 | No Data |
| Avg. Cost Per Sqft | No Data | $1,028 | $1,029 | $1,099 | $1,071 | No Data |
| Price Range | No Data | $2,075 - $2,400 | $2,450 - $3,350 | $2,900 - $4,400 | $3,050 - $4,450 | No Data |
| Avg. Wait for Unit Availability | No Data | 77 Days | 31 Days | 59 Days | 62 Days | No Data |
| Avg. Wait for Unit Availability | No Data | 11 Days | 7 Days | 11 Days | 38 Days | No Data |
| Ratio of Units in Building | 1% | 24% | 41% | 26% | 10% | 1% |
Market Inventory
Total number of units listed and leased in Mimico
